BTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if...
- This graph is purely based on fibonacci law. - 61.8% is the core of the system ( check rectangles in graph to get it ) - Most of long term traders not even look at the price. - they just wait the good time to buy using Fibo. - in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH) - in 2021 BTC Dominance pushed to 75%...
BTC.D is in rising wedge since Nov 2022. It's getting closer to the apex area. 82% rising wedges break towards downside. It seems that BTC will chop around in this after halving period, takes liquidity from both sides, and then will have a parabolic move by Aug-Sept 2024. Once BTC.D reaches the reversal zone range of 56-58%, it should break this rising wedge if...
Weekly results show no signs of the trend continuing. At two weeks, there are still 48% in the rejection area. When the volume is viewed, there are no clear indications, but it is clear that the 48% area is still quite powerful, and there is a chance that he will move back to the 47% area.
BTCDOM/USDT just watch Bitcoin dominance starting to push down this plays a big role on Bitcoin where you can see a big Resistance zone on this chart if that resistance cant broke we are Bullish with BITCOIN for my opinion we can Take 22000$-23000$ if Dominance start to drop more down But if that resistance Broke We are Bearish and we comming first...
#UPDATED #BTC.D Analysis still moving in ascending channel and rejected two times after hit nearly major resistance. but if we see from indicator BTC.D showing in overbought area which shoudly down first to retest indicator center trendline be strong resistance any 4 times trying to breakout always rejected and back to support trendline i this situation can't...
#BTC.D ANALYSIS we can see BTC.D now make a rising wedge pattern And also any bearish divergence in RSI . Rising wedge valid if BTC.D breakdown . if this can happen, good for ALTS coin
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Hello, dear traders welcome you to this BTC.DOMINANCE 1hr chart analysis. CHART ANALYSIS:-As we can see in the chart above BTC.D was trading inside the parallel channel...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it...
Welcome to this quick BTCDOMINANCE analysis. I have tried my best to bring the best possible outcome in this chart. Hello members, welcome to our BTC.D 3-day update As we can see here that BTC.D is on a support of yellow MA, inside a falling wedge pattern. If BTC.D rejects from yellow MA then that will be the confirmation that BTC.D can come down to 39%...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider...
Hello members, welcome to the BTCDOMINANC Quick update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. In the current scenario, BTC.D broke the Chanel downside and retested the lower trend line. We are expecting here that we will see some downfall which means that BTC will form some green candle because as we know that...
Welcome to this extensive analysis of Bitcoin Dominance If you are reading my updates for the first time, make sure you follow me if you want the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance bounced and pumped almost 4% since the last chart. Expected this...
btc d will go down to the strong area in the chart, after that it will rise to the top with the entry of new liquidity to it and it will achieve a strong rise for bitcoin and will seize 45% as a first target and 48% as a second target
Domination is near big support, there is probability that the domination will rise from that support around 39%. If this will happen and the price of btc despite that will go down, it means that alts will bleed a lot, 2x more than btc. If the price will rise along with the domination it simply means that the money will be going mostly to BTC and alts will rise...
BTC.D has performed its first bounce off the 2.618 Fibonacci line This bounce will likely continue to around ~50 - ~53% Then we prepare for another altseason as it hits a major trendline and gets rejected Repeating double bottom pattern
just a reminder of btc dominance i think another major bullrun is about to happen in matter of days